UK fintech rockets to £24 billion valuation after fundraising round
A UK digital banking app is worth £24 billion after its latest funding round – making it the nation’s most valuable private tech startup ever. London-headquartered Revolut, which has more…
Edinburgh fintech firm seals multimillion-pound investment to launch ‘groundbreaking’ AI tool
An Edinburgh financial technology company has secured an investment of £1.1 million to launch a “groundbreaking” artificial intelligence (AI) platform for speech analytics in business. Aveni Detect uses the latest…
Scotland classified as ‘large and established’ cluster in new UK Government fintech report
Scotland hosts the third largest volume of fintech companies in the UK according to a new government report. The Edinburgh to Glasgow corridor has been identified as one of the…
Google Cloud joins forces with Scotland’s emerging fintech sector
Google Cloud is joining forces with cluster management organisation, FinTech Scotland, to support the growth of the fintech small and medium enterprise community in Scotland. With most fintech firms using…
Significant funding boost for Scotland’s FinTech Cluster
The growing international role of Scotland’s fintech cluster was given a further significant boost today with the announcement of £22.5 million innovation funding for the Global Open Finance Centre of…
FinTech Alliance announces partnership with FinTech Scotland
FinTech Alliance, a digital platform uniting both the UK and the global financial technology sectors, has announced a partnership with FinTech Scotland, the independent body established to develop the FinTech community and…
Scotland’s fintech sector becomes first in UK to receive European ‘cluster of excellence’ accreditation
Scotland’s growing financial technology sector has become the first in the UK, and only the third in Europe, to receive formal accreditation as a cluster of excellence. The European Secretariat…
Number of fintech SMEs in Scotland grows by 60% according to national body for the sector
The number of financial technology (fintech) SMEs in Scotland has risen by 60%, according to the national body that represents the interests of the sector. FinTech Scotland has revealed that…
Destination Edinburgh for 12 Canadian fintech firms on UK trade visit
Twelve Canadian financial technology firms are set to visit Edinburgh as part of a trade mission to the UK this week. The fintechs began their tour today with a visit…
Glasgow set to host first-ever national fintech symposium
Glasgow is set to stage the first-ever national symposium for the fintech industry in a bid to bring together UK-wide organisations to develop the sector. The ‘FinTech National Network Symposium’…